Pension Progress Reported, But Vote Unlikely This Week
From the Springfield State Journal-Register
Lawmakers return to Springfield this week for the conclusion of their veto session amid renewed speculation that they could be close to voting on two of the major issues still facing them — pension reform and same-sex marriage.
However, spokesmen for at least two of the four legislative leaders late last week were trying to tamp down expectations that a vote on pension reform could be imminent.
Speculation that there was movement on pension reform heightened with reports that House and Senate leaders were taking up talks on how to tackle the state’s $100 billion pension problem. Since mid-June, the focus of pension reform has been a bipartisan conference committee of senators and representatives appointed to forge a compromise.
The committee, however, was split on its latest framework for an approach estimated to save $138 billion over 30 years.
“We’ve had discussions back and forth on the committee, but we’ve also asked the leaders to discuss it,” said Sen. Bill Brady, R-Bloomington, a member of the committee. “I think we have all had discussions with our leaders. We just encouraged them to talk, as well as us.”
Read more in our daily News Update...
From the Springfield State Journal-Register
Lawmakers return to Springfield this week for the conclusion of their veto session amid renewed speculation that they could be close to voting on two of the major issues still facing them — pension reform and same-sex marriage.
However, spokesmen for at least two of the four legislative leaders late last week were trying to tamp down expectations that a vote on pension reform could be imminent.
Speculation that there was movement on pension reform heightened with reports that House and Senate leaders were taking up talks on how to tackle the state’s $100 billion pension problem. Since mid-June, the focus of pension reform has been a bipartisan conference committee of senators and representatives appointed to forge a compromise.
The committee, however, was split on its latest framework for an approach estimated to save $138 billion over 30 years.
“We’ve had discussions back and forth on the committee, but we’ve also asked the leaders to discuss it,” said Sen. Bill Brady, R-Bloomington, a member of the committee. “I think we have all had discussions with our leaders. We just encouraged them to talk, as well as us.”
Read more in our daily News Update...